While the particulars of the Securities and Exchange Commission’s newly required “Compensation Discussion and Analysis” disclosure will vary greatly from company to company, there’s one thing experts say all companies should do with regard to the CD&A: Start now.
The CD&A disclosure is part of the SEC’s final executive compensation disclosure rule, approved Aug. 11. According to the Commission’s adopting release, companies will need to comply with most of the new disclosure requirements in any proxy or information statements filed on or after Dec. 15, 2006.
